Latest Resource Projects News

Civmec delivered double-digit earnings growth in FY26, with its new defence arm helping lift the order book to A$1.4 billion. The stronger profit came alongside a sharp working-capital squeeze that left operating cash flow negative after investment in growth.

Image Resources has confirmed LB Group has paid a A$5 million advance while negotiations continue over a potential transaction involving significant interests in its Durack and Yandanooka projects. The payment is repayable if binding documents are not signed by 31 October 2026, unless the parties agree to extend that date.

Everest Metals moved Mt Dimer into mining, established a 260,780-ounce Revere gold resource and upgraded its Mt Edon rubidium project in FY2026. Yet the company remains loss-making, has impaired its Mt Dimer development assets and warns that future funding and project cash inflows are needed to support its going-concern assessment.

Kina Securities lifted its half-year net profit by 4% to PGK 59.7 million, underpinned by a strong capital injection via Papua New Guinea’s inaugural listed corporate bond and a 13% higher interim dividend in local currency.

BSP Financial Group has reported an 8.4% increase in net profit to K620 million for the first half of 2026, driven by a 17.7% surge in revenue and supported by a strong capital position and strategic investments.

Jameson Resources (ASX:JAL) is pushing its Crown Mountain steelmaking coal project in British Columbia towards environmental approval by mid-2027 and production by 2029-30, leveraging a low-cost, high-quality asset with a landmark Indigenous partnership.

Latrobe Magnesium (ASX: LMG) is set for leadership change with Robert Stein stepping in as CEO from October 2026, while Peter Mizera takes charge of the Construction Committee, underpinning the company’s push towards magnesium metal production.

Mandrake Resources has secured key agreements to produce lithium brine from its Utah project and plans a significant drilling campaign in Australia, supported by strong cash reserves.

Wia Gold advances its Kokoseb Gold Project with strong drilling results revealing new underground targets, a $92 million capital raise, and ongoing feasibility study progress.

Mount Ridley Mines secures $50,000 co-funding from CSIRO to kick-start research on scandium alloys for additive manufacturing, leveraging one of the world’s largest scandium resources at Grass Patch.

Orcoda has secured a lucrative multi-year contract with Wagner Corporation to deliver workforce logistics and facilities management at Wellcamp Business Park, leveraging its AI-driven Contractor360 platform.

Tungsten Mining NL's Watershed Preliminary Economic Evaluation reveals a robust project with a pre-tax NPV of A$1.3 billion and a swift payback, aiming for first production by 2027 amid tightening global tungsten supply.